Jim Cramer Had These 21 Stocks on His Radar

2. Salesforce, Inc. (NYSE:CRM)

Number of Hedge Fund Holders: 140

When a caller mentioned that they own Salesforce, Inc. (NYSE:CRM) stock, Cramer said:

“If Salesforce goes and buys this Informatica, that would be very bad, and it would make me question what the company was up to. I hope they don’t do that. I like Agentforce very much…”

Salesforce (NYSE:CRM) provides a unified platform that supports functions like sales, marketing, customer service, analytics, and e-commerce. The company’s tools help businesses manage customer relationships and streamline operations. Mar Vista Investment Partners, LLC stated the following regarding Salesforce, Inc. (NYSE:CRM) in its Q1 2025 investor letter:

“Salesforce, Inc.’s (NYSE:CRM) stock came under pressure in Q1 as investors grew concerned about the potential negative impact of trade tensions and tariffs on the global economy, as well as the current lack of monetization from AI-enabled software solutions. Despite these concerns, we remain confident in Salesforce’s strong competitive position, deep customer relationships, and its ability to monetize AgentForce, its newly launched generative AI-enabled chatbot designed to automate customer service tasks and significantly reduce costs compared to traditional call center support solutions.

As the largest provider of SaaS-based customer relationship management software globally, Salesforce possesses a vast repository of customer data. This data, when combined with generative AI solutions like AgentForce, can be mined for valuable insights and used to deliver enhanced customer outcomes. While AgentForce is still in its initial stages, it has already generated strong interest from both customers and global system integrators. Notably, Salesforce announced that approximately 5,000 customers are currently testing AgentForce, including around 3,000 paying customers. We continue to believe that Salesforce is well-positioned to monetize its AI offerings over time and expect the company to grow intrinsic value at a low double-digit rate.”